Question: Please explain the solution to this general accounting problem with accurate principles. Assume the following information is available for a company: In 2020, activity level

Please explain the solution to this general accounting problem with accurate principles.

Assume the following information is available for a company: In 2020, activity level was 120,000 units, and total operating costs were $310,000. In 2021, activity level was 150,000 units, and total operating costs were $370,000. Using the high-low method, calculate the variable cost per unit

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